Scarbrough, ME Justin Lyons has joined Landry/French Construction as project executive.
Lyons has 25 years of experience in commercial construction that includes a variety of roles throughout his career including preconstruction, estimating, project management, and operations. Lyons brings industry experience in large-scale healthcare, higher education, and commercial construction projects. In his role as project executive, he will be responsible for providing overall team management, including leading and developing project teams, project oversight of day-to-day construction activities, and focusing on the client experience.
Prior to joining Landry/French, Lyons worked for Consigli and Turner Construction Company. During his 16 years at Turner, he was involved in projects including the $240 million Malone Family Tower at Maine Medical Center in Portland, and the $625 million Harvard Science and Engineering Complex.
Lyons has a bachelor’s degree from Bridgewater State University.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.